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The differences between bill collectors and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a bill collector and a collections coordinator. Additionally, a collections coordinator has an average salary of $37,938, which is higher than the $35,585 average annual salary of a bill collector.
The top three skills for a bill collector include patients, customer service and medicaid. The most important skills for a collections coordinator are customer service, patients, and phone calls.
| Bill Collector | Collections Coordinator | |
| Yearly salary | $35,585 | $37,938 |
| Hourly rate | $17.11 | $18.24 |
| Growth rate | -8% | -8% |
| Number of jobs | 23,746 | 40,113 |
| Job satisfaction | - | - |
| Most common degree | High School Diploma, 27% | Bachelor's Degree, 48% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
A bill collector is responsible for reaching out to the customers to collect overdue payments, negotiate repayment plans, and update account information upon settling of payments. Bill collectors monitor the contact details of the customer, utilizing locator tools and software as required by the organization, and review contract terms to decide on credit advice or escalate the issue to a higher tier. A bill collector must have excellent communication and customer service skills, especially in explaining the customer's case and perform debt collection duties efficiently.
Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.
Bill collectors and collections coordinators have different pay scales, as shown below.
| Bill Collector | Collections Coordinator | |
| Average salary | $35,585 | $37,938 |
| Salary range | Between $30,000 And $40,000 | Between $30,000 And $47,000 |
| Highest paying City | Pittsfield, MA | New York, NY |
| Highest paying state | Virginia | Connecticut |
| Best paying company | Retina Group Of Washington | University of California, Berkeley |
| Best paying industry | Finance | Professional |
There are a few differences between a bill collector and a collections coordinator in terms of educational background:
| Bill Collector | Collections Coordinator | |
| Most common degree | High School Diploma, 27% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between bill collectors' and collections coordinators' demographics:
| Bill Collector | Collections Coordinator | |
| Average age | 46 | 46 |
| Gender ratio | Male, 20.0% Female, 80.0% | Male, 26.6% Female, 73.4% |
| Race ratio | Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5% | Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |